Trading remains upbeat on NGX as ASI closes 0.22% higher

Activities on the floor of Nigerian Exchange on Monday remained upbeat with the All-Share Index closing at 0.22% higher to settle at 52,579.52 compared with 52,465.31 it closed on Friday.

The market capitalisation grew by N62 billion to close at N28.630 trillion, from N28.568 trillion recorded in the previous session.

Aggregate volume and value of traded stocks settled at 511 million units and N7 billion in 5,883 deals. 

Market Breadth

Market Breadth closed positive as 29 stocks gained against 17 stocks that declined at the end of the day’s trading

Percentage Gainers

MULTIVERSE led the gainers chart with 10.00% growth to close at N3.41 from the previous close of N3.10

Redstar Express, CWG and MCNICHOLS also gained above other stocks by 9.96%, 9.85% and 9.23% respectively.

Percentage Losers

C & I Leasing tops the decliners’ list shedding 9.80% of its share price to close at N3.59 from N3.98.

TRANSCORP, FTN Cocoa and CHAMS also shed 7.73%, 6.90% and 6.45% respectively, ahead of other price decliners.

Volume Drivers

ACCESSCORP traded about 167.6 million units of its shares in 830 deals, valued at about N1.9 billion.

FBNH traded about 91 million units of its shares in 136 deals, valued at about N1 billion.

UBA traded about 78 million units of its shares in 515 deals, valued at about N623 million.

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